MILWAUKEE–(BUSINESS WIRE)–The Ademi Firm is investigating NorthWestern (NASDAQ: NWE) for possible breaches of fiduciary duty and other violations of law in its going-private transaction.
Click here to learn how to join our investigation and obtain additional information or contact us at [email protected] or toll-free: 866-264-3995. There is no cost or obligation to you.
Shareholders of NorthWestern will receive 0.98 shares of Black Hills for each NorthWestern share owned. Upon completion, Black Hills shareholders will own approximately 56% and NorthWestern shareholders will own approximately 44% of the combined entity.
NorthWestern insiders will receive substantial benefits as part of change of control arrangements.
The transaction agreement unreasonably limits competing transactions for NorthWestern by imposing a significant penalty if NorthWestern accepts a competing bid. We are investigating the conduct of the NorthWestern board of directors, and whether they are fulfilling their fiduciary duties to all shareholders.
We specialize in shareholder litigation involving buyouts, mergers, and individual shareholder rights. For more information, please feel free to call us. Attorney advertising. Prior results do not guarantee similar outcomes.
Contacts
Ademi & Fruchter LLP
Guri Ademi
Toll Free: (866) 264-3995
Fax: (414) 482-8001
